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ULM Covid 19 CARES Act Relief Aid

< CARES Act Information

CARES Act Relief Aid Information

CARES Act Report June 30, 2022 (2nd Quarter)

No funds were disbursed during the 2nd quarter of the 2022 aid year. The most current disbursement information from the 1st quarter of 2022 is below.

 

As part of the agreement ULM signed with the U.S. Department of Education, ULM pledged to use no less than 50 percent of the funds received under CRRSAA and ARP (a)(1) and (a)(4) programs to provide Emergency Financial Aid Grants to Students.

A total of $11,916,539.00 ( $2,888,882.00 HEERF II and $9,027,657 HEERF III) has been designated for distribution to students in the form of Emergency Financial Aid Grants under CRRSAA and ARP (a)(1) and (a)(4) programs.

On February 9th, 2022,ULM awarded additional American Rescue Plan Act aid in the amount of $3,530,650.00 to 6466 students bringing the total disbursed to current ULM students to $8,975,150.00 for the fall 2021 and spring 2022 terms. $60,082.00 of the fall disbursement completed the awarding of the $2,888,882.00 awarded as HEERF II. $8,915,068.00 of the $9,027,657 HEERF III funds awarded to ULM have also been disbursed. Because funds were limited, aid was distributed to eligible students with the greatest financial need based on current financial aid information.

(1733 graduate & 4733 undergraduate) received aid of $250, $500, $850, or $1000. The distribution methodology appears below.

1262 Undergraduate Zero EFC -$1000.00

909 Undergraduate Pell eligible EFC above zero - $850.00

1689 Undergraduate Not Pell eligible – $500.00

670 Undergraduate No FAFSA on file - $250.00

772 Graduate students - $250.00

306 Professional students - $250.00

546 Graduate no FAFSA on file - $250.00

27 Professional no FAFSA on file - $250.00

285 International - $250.00

 

The following email was sent to students prior to funds being disbursed.

Dear ULM Students,

ULM received an allocation of funds from the US Department of Education to support students who have been impacted by COVID 19. ULM will be posting these funds, referred to as HEERF III funds, to eligible student accounts on Tuesday, February 8, 2022. According to federal guidelines, funds will be distributed based on financial need. No action is required on your part to apply. This will be the last of the HEERF III fund disbursements.

If you are eligible to receive relief funds, actual distribution of those funds will occur by Wednesday, February 9, 2022 . The award will not be applied against tuition or any balance you owe to the university; however, if you want to authorize ULM to apply these funds to your university balance please see below. If you

have not set up a Bankmobile account, please contact Student Account Services (sas@ulm.edu or 318-342-5124).

If you would like HEERF III relief funds to be applied against tuition or any balance you may owe the University, please click on the link below and select the box to authorize the application of funds to any balances owed the university. We hope you will consider this option.

https://webservices.ulm.edu/webforms/form/heerf-iii-fund-permission-form

As a reminder, the US Department of Education has authorized your use of these funds for any expenses you have incurred related to COVID.

 

 

 

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